Scope Ratings GmbH is a leading European credit rating agency headquartered in Berlin, Germany. Registered with the European Securities and Markets Authority (ESMA) as an external credit assessment institution since 2014, it is the only European CRA accepted by the European Central Bank (ECB) in the Eurosystem credit assessment framework (ECAF).
As part of the Scope Group, the agency provides independent, forward-looking credit ratings, research, ESG analyses, and fund ratings across debt capital markets. It covers financial institutions, corporates, structured finance, project finance, public finance, and sovereigns, rating around 1,000 issuers and over 14,000 bonds representing more than €40 trillion in debt.
Scope Ratings emphasizes opinion-driven analysis rooted in European perspectives, with offices in Berlin, Frankfurt, London, Milan, Madrid, Oslo, Paris, and Poznan. It is mandated by the EU, EIB, and ESM for certain ratings.
Also known as Scope SE & Co. KGaA.
Focus on flexible generation, hydrogen-ready plants, renewables and gas diversification; projects include ~1.7 GW of tendered plants, data‑centre site development and gas portfolio expansion.
Weak 2025 results and limited deleveraging from the Silicones divestment; company plans cost and debt reductions to restore investment-grade metrics.